Analytics Consulting Services (PD Models)
MARC Risk Management Solutions (RMS) provides analytics consulting services to entities which are implementing Probability of Default (PD) models for their credit risk management needs. These services target financial institutions which must satisfy regulatory expectations regarding the integrity and comprehensiveness of their internal models. The scope of these services comprises internal rating model validation and enhancement services, and bespoke credit scoring model development services. In such engagements, RMS conducts an evaluation of the design and methodology underlying the client's PD model for corporate portfolios to identify the gaps vis-à-vis regulatory requirements, assess the precision and reliability of existing rating systems and the actions needed to close those gaps.
Analytics Consulting Services (Bespoke)
RMS also works with clients on designing, building and implementing a range of bespoke analytics solutions for their business needs and in compliance with relevant regulations. The target segment for these services are institutions that play important roles in supporting the transition to a sustainable economy on the financing line of action. To assist clients in strengthening their own in-house analytics resources, we provide knowledge transfer programmes as a part of our services.
Impact Bond Assessments
Through RMS, MARC provides independent external review services for bonds or sukuk issued under the following standards/principles: Securities Commission Malaysia's Sustainable and Responsible Investment (SRI) Sukuk Framework; ASEAN Green Bond Standards; ASEAN Sustainability Bond Standards; ASEAN Social Bond Standards; the International Capital Market Association's (ICMA) Green Bond Principles or Social Bond Principles or Sustainability Bond Guidelines; as well as UN Sustainable Development Goals (SDGs) thematic corporate/project finance bonds/sukuk; conventional and Shariah-compliant SRI thematic bond/sukuk funds. Undertaken in accordance with criteria on MARC's website, these assessments help inform sustainably minded investors or lenders in their assessment of the environmental and/or social benefits of their investments or financings.
Sustainability-related Assessment Services
RMS is in the midst of developing a suite of sustainability-related assessment services for corporates which intend to guide their core business towards achieving economic, social and environmental sustainability. This includes private assessments that are designed to influence more vigorous discourse in corporate boardrooms on sustainability and corporate regeneration.